Skip to comments.Strong Economy Draws Women into U.S. Labor Force
Posted on 10/20/2018 6:38:49 AM PDT by reaganaut1
For most of the last two decades, the share of women participating in the U.S. labor force was in decline, puzzling demographers and economists since female participation was rising in many other developed economies.
Thanks to a strong economy, that long-running decline shows signs of reversing. Labor-force participation among prime-age U.S. women aged 25 to 54 has risen to 75.2% from 73.3% three years ago, as their unemployment rate dropped to the lowest level since the 1950s.
A plenitude of jobs and a gradual rise in wages is drawing women back into the labor force, including those at the low end of the skill spectrum. For female high-school dropouts aged 25 and over, participation has risen to 33.8% from 32.1% three years ago, even as participation for college grads stagnated.
Participation helps determine the pace of economic growth; when participation slows it means fewer workers to manage machines or wait tables and becomes a headwind to growth. In 2000, the U.S. had the highest female participation rate among large advanced economies. It has since dipped below the rate in Canada, Australia and the U.K., according to the World Bank. It rose in countries like Germany, Italy and Japan in the past 17 years while declining 3 percentage points in the U.S.
One reason was a decline in good-paying, middle-skilled jobs, created by technology and competition from abroad, said Robert Moffitt, an economist at Johns Hopkins University.
The long-running expansion and decline in unemployment is helping to reverse the trend, but headwinds persist. An aging population means more women are retiring, and a growing share of younger women is choosing college over work.
Structural headwinds to participation also stand in the way of a full reversal of the U.S. trend of the past two decades.
(Excerpt) Read more at wsj.com ...
Gee, this implies that only when the labor market gets so tight that the choice is left betwee meth heads and women, employers will break down and hire women. Now I finally get why they want to import millions of illiterate foreingers
Might have something to do with how ‘popular’ it is to get a divorce, but then realizing after the fact that the judge is really not going to make the ex still pay all the bills after all, and one has to support oneself.
Or it might have something to do with men becoming more and more reluctant to marry a non-working female or looking to postpone marriage until the mid-30s, and then, expecting the woman to have her own ‘stuff’ too. Since feminism constantly degrades men for being ‘providers’, and women for relying on husbands, men are starting to expect ‘working partners’ instead of wives.
MAGA is just now starting to spread wide across our fruited plane.
Lots of folks STILL need jobs, work and the dignity and self respect a productive life can engender. How can we let our citizens live on government handouts? MAGA is the big hand-up our citizens need; Take of of our citizens and they will take care of America.
~70 million of our fellow CITIZENS are out of the workforce.
Lots more to do.
Close the border.
Throw the illegals out.
Stop importing tech leeches.
America First is the way forward.
Women entered the work force in droves starting in the early 70’s. Only the capitalist countries like this one could absorb them. There was no turning back for whatever reason. I think it has to do a lot with having a full life, not being dependent on the louse they married. Abortion availability didn’t’t help. Now they can think twice about who they marry but not about who they hop in the sack with.
I’ve always been able to do the work of TEN, so when I retired, I ‘created’ 10 jobs for others. I’m doing my part.
Sweet. None of this matters if the politicians dont have a coherent message. Trump even mentioned the tax cuts last night and even seemed puzzled himself hes Not mentioning it that much.
Sad thing is people wont see the real benefits until April 2019, which was politically stupid considering it could have been passed the first few months of 2017. I remember Ryan repeating over and over we had to do Obamacare repeal first....idiot.
How long until we hear how Trump blocking the border is now causing American women to be forced to work. Children are being separated from their mommys? Man that guy is evil /s/
Women have been in the workforce for decades. Not because they really wanted to work, but because the working man has been taxed to death.
And because they wanted to buy lots of shoes and handbags.
Perceptive and interesting post.
Don’t forget the tattoos.
A woman who is a wife and mother is a working woman, whether or not she also holds down a job.
The goal of the left is to have all women out of the home and paying taxes to support the state. They also want all the kiddies in government-run daycare and schools so they can be imdoctrinated from the youngest ages. Ladies, 100 years from now, the women who stay home to raise several children will have far more of an influence on the world and will be more remembered than all the female CEOs combined. The hand that rocks the cradle rules the world.
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